Goodman, Allen C.; Thibodeau, Thomas G. - In: Real Estate Economics 26 (1998) 1, pp. 151-171
Several authors have attributed the heteroskedasticity observed in repeat sales house price equations to the length of time between sales. Recently, Goodman and Thibodeau (1995) developed a theoretical model that relates heteroskedasticity in hedonic house price equations to dwelling age. Using...